Cash Management Solutions

CASH MANAGEMENT SOLUTIONS

Simplified accounting

Easily reconcile foreign cash inventory

profit recovery

Recover lost revenues

Realize Value

Recover storage space

Eco Friendly

Every coin is recycled

transit & METRO

In the transit sector, cash-flow operations in buses, trains, and metros experience the circulation of foreign currency via ticket sales, onboard purchases, and international passengers. The efficient management of foreign currency poses a challenge for transit authorities.

Our specialized service excels in seamlessly processing and managing foreign currency. We provide tailored solutions designed to streamline operations, mitigate risk, and either optimize revenue for transit companies or generate positive publicity through bulk foreign currency donation. This guarantees seamless bookkeeping and operational efficiency, with net benefit to not only the company, but society.

cash in transit & BANKS

CITs (Cash in Transit) and banks handle predominantly domestic currency, yet encounter significant volumes of foreign coins in their processing. This is primarily due to the global similarities among coins.

While sorting machinery can detect foreign coins, the challenge lies in addressing their disposition. Despite depositing only the domestic coin value into client accounts, surplus foreign coins remain. Although valuable, repatriating them to their country of origin is necessary to realize their worth.

Our specialized service offers efficient solutions for managing and repatriating foreign currency, ensuring streamlined operations and optimized asset utilization for CITs and banks.

Cash handling businesses

Businesses that may deal explicitly with foreign currency still have frequent inquiries from customers looking to liquidate other foreign currency, as well as standard misidentified and mis-sorted foreign currency contamination.

Global Coin Solutions has been effectively working with these domestic and foreign currency cash handlers around the world to both repatriate cash on their behalf, as well as offer solutions toward unwanted foreign currency accumulation.

mINTS & monetary authorities

While mints and monetary authorities specialize in domestic currency production and/or circulation, there is little or no thought or consideration given to coin that travels with tourists around the world. Organizations such as the Narodowy Bank Polski, the Hong Kong Monetary Authority, the Bangko Sentral ng Pilipinas, and the U.S. Mint have all created programs to handle circulation issues within their own countries. The U.S. Mint even created a national task force and their own hashtag #getcoinmoving.

None of these programs look outside their own borders even though it is a well known fact that money travels the world, even coin.

Further, no one is looking at contamination of the domestic cash eco-system. Would it surprise you to know that there are over 2 dozen coins the same diameter, thickness, and visually similar to the Canadian or U.S. quarter ... no wonder so much foreign coin gets trapped inside other countries.

Our specialized service not only efficiently manages and repatriates foreign currency as an export, but also facilitates the return of domestic currency from overseas, enhancing sustainability and, critically, circulation. Partnering with us ensures streamlined operations and optimized asset utilization for governments and mints.

Sustainability, carbon neutrality, and Environmental Social Governance have become critically important within this space. GCS is heavily involved in leading the global conversation surrounding the re-circulation of coin.